India is now the second-biggest manufacturing hub for mobile phones due to heavy investment from original equipment manufacturers, original design manufacturers and companies dealing in components and parts, a new report showed on Tuesday.
NMDC is not able to ship low-grade iron ore to the country s biggest iron ore customer, China, amid logistics issues, according to a source. This is a major hindrance as Indian producers of low-grade ores depend a lot on foreign markets since most major local steel producers use high-grade iron ores.
The RoDTEP scheme provides a mechanism for reimbursement of taxes, duties and levies, which are currently not being refunded under any other mechanism, at the central, state and local levels
India Business News: According to BCG's calculations, the average cost of Indian-made goods imported into the US is 15% lower compared to goods manufactured in the US. In
India s exports to the European Union (EU), which account for 43% of the country s total exports to the region, are likely to be affected by the EU s non-tariff measures (NTMs), including the CBAM. The Council on Energy, Environment and Water has highlighted that sustainability-focused EU regulations pose a risk to product categories such as textiles, chemicals, consumer electronics, plastics, and vehicles